LatAm credits see firm start as Mexico targets century bond

April 8, 2015 3:52 PM

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NEW YORK, April 8 (IFR) - Latin American credits are seeing another firm start Wednesday as Mexico prepares to price EM's first-ever Century bond denominated in euros.

Brazilian banks, which had lagged earlier rallies, are proving to be the outperformers, with Banco do Brasil's 9% perps up another half a point this morning at 91.75-92.50 after a stellar climb over the last few weeks.

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